Safaricom replaces deceased CEO with interim leader

Bradley Prior

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Safaricom replaces deceased CEO with interim leader

Kenya’s most valuable company Safaricom Plc appointed Michael Joseph, acclaimed for starting its mobile payments platform 12 years ago, as interim chief executive officer following the death of Bob Collymore.

Joseph, the founding CEO who led the company for a decade before Collymore took over in 2010, is a member of its board and chairman of Kenya Airways Plc. He returns to Safaricom’s executive management after Collymore died Monday following a battle with cancer. [Bloomberg]
 
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